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Make a comparison of the following items and
note trends.
·
Revenues
·
Cost of good sold
·
Accounts receivable
·
Accounts payable
·
Inventory
Keeping the case analysis in mind, discuss and
interpret the changes over the two-year period. Which company is the best
performer and why? How is this information useful to you from a managerial
perspective? Explain your reasoning and support your conclusions with the
numbers you have pulled out for the comparison above. Comment on the
interaction of the balance sheet and income statement.